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Biotech / Medical : Immunomedics (IMMU)

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To: Zeev Hed who wrote (111)2/24/1997 7:03:00 PM
From: David B. Higgs   of 371
 
I am considering purchasing Immunomedics but my medical and FDA approval procedures knowledge is very week. If LeukoScan is in the first stages of FDA Phase III testing, when can we expect results to be reported. I seem to remember from a small bio-tech that I owned years ago, that there are two cycles of Phase III testing that could last up to a year each. Does this seem reasonable? If so, would this mean that LeukoScan would not factor in to stock value over the next six months?

I noted comments in this thread questioning Mallinqkrodt's marketing of CEA-Scan. I've heard a rummor that IMMU is talking to Bristol-Myers Squidd (sp?) as a partner for European marketing of LeukoScan. If this were true, any guess on what short term impact this would have share price?

Regards
Dave
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